Tuesday , January 28, 2025

Mobile Wallets

Citcon Extends Its Reach for China-Based Wallets Via Tulip, a Tech Provider for Luxury Brands

Citcon USA LLC said Tulip Retail Inc., a provider of mobile apps used by store clerks at major retail chains, will deploy Citcon’s mobile-payments technology to enable acceptance of Alipay, WeChat Pay, and UnionPay QR. A 5-year-old startup company, Citcon specializes in enabling U.S. merchants to accept China-based mobile-payments apps. …

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In a Twist on Contactless, PayPal Rolls Out a QR Code App for Small And Occasional Sellers

In an effort to reach occasional and very small sellers struggling with restrictions imposed to deal with the novel coronavirus pandemic, PayPal Holdings Inc. on Tuesday launched a Quick Response code capability for its mobile app. The feature allows a buyer to scan a QR code displayed by a seller …

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As Shut-in Consumers Turn to E-Commerce, Visa Boosts Support for Key Online Technologies

With the world rushing to their phones, tablets, and PCs to buy what they need and want at a time when most physical stores are closed, the payment networks are maneuvering to smooth out online transactions. This includes chucking clunky checkouts and opening the way for transactions to go ahead …

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Square’s POS Reputation May Aid Its New Online Checkout Button

Square Inc.’s new online checkout button—a product called Square Online Checkout—likely will get a boost in adoption from the company’s nearly 10-year history of providing payments technology for point-of-sale merchants. The new service enables Square merchants to place a buy button on Web sites and anywhere a link can be shared, …

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Cardtronics Eyes Long-Term Covid-19 Business Impact and other Digital Transactions News briefs from 5/8/20

Cardtronics plc chief executive Edward West pointed to a long-term effect from the Covid-19 pandemic that he said could prove beneficial for the company, the world’s largest ATM operator. “We also believe that this crisis will likely accelerate the trend of bank branch transformation as several leading retail banks have already …

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Why PayPal Thinks Shifts to Digital Payments Will Outlast the Covid-19 Lockdowns

Observers have said before that the Covid-19 crisis is reshaping payments, but on Wednesday afternoon executives at PayPal Holdings Inc. made it clear they expect this shift to digital options to be permanent. “People don’t want to touch cash. They don’t want to touch screens. There’s going to be a …

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AmEx Extends Fuel-Pump EMV Liability Shift Date and other Digital Transactions News briefs from 5/5/20

American Express Co. tells Digital Transactions News that it is postponing its EMV liability shift for automated fuel dispensers by six months, until April 16, 2021. The move comes four days after Visa Inc., citing the problems created by the Covid-19 pandemic, notified the fuel-retailing industry that it was postponing its October 2020 …

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COMMENTARY: Global Consumers Embrace Their Local Payment Methods—And So Should You

When it comes to making a purchase, who doesn’t use a credit or debit card? Most of the world, that’s who. While paying with a credit card is standard in the United States and much of the Western world, that’s definitely not the global norm. It’s estimated that less than …

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App Store And Other Services Buoy Apple As Overall Product Revenue Slips

The three months ended March 31 were an eventful time for Apple Inc., as they were for most companies, but unlike many the company managed to largely contain the damage wrought by the Covid-19 pandemic. “We’ve seen our products take on renewed interest” in the wake of Covid-19 and the …

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More Than Half of U.S. Consumers Now Use Some Form of Contactless Payments, Mastercard Says

Contactless payments may finally be gaining further adoption by U.S. consumers. Spurred by prevention efforts in reaction to the Covid-19 pandemic, many consumers—51%—use some form of contactless payment, Mastercard Inc. says. In what may be the most detailed data yet publicly released about U.S. consumers and contactless payments, Mastercard’s survey …

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